Lamoureux CEO: Bitcoin will rise to $100,000 by the end of 2023
Forecasts by Lamoureux & Co, which conducts research activities, that in 2023 the price of bitcoin will be equal to 100 thousand US dollars. Despite the fact that the rate of digital gold has recently fallen and quotes on the cryptocurrency market have undergone a correction, this is a standard phenomenon that is at its final stage.
Large Ukrainian trading network Foxtrot began to accept cryptocurrency for payment
The implementation of cryptocurrency payments for goods will be carried out by Binance Pay. Payment for goods can be implemented not only in online stores, but also in retail outlets throughout the distribution network. Alexei Zozulya, director of the Foxtrot network, said that work in this area has been carried out since 2020.
Some Tether options will help pool clients in USDT
Ardoino said that by adopting a stable cryptocurrency backed by pesos, Tether would be able to recreate the market with elements from Tether. In addition, Paolo Ardoino said that the release of another digital asset, which will be backed by the Mexican peso, will bring positive moments for the adoption of cryptocurrencies in Latin countries, as well as increase stability for USDT coins.
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Digital tenge implementation project presented in Kazakhstan
In Kazakhstan, the National Bank has officially started considering a project to introduce digital tenge. So far, this proposal is under development, and a report on this issue is posted on the main official website.
PayPal representatives organized negotiations on the issue of stablecoin
The world-famous PayPal payment system is becoming a new platform for the release of the well-known cryptocurrency - stablecoin. These are virtual assets, the main task of which is to imitate the rate of real currencies: the dollar, the euro. With its help, two people can exchange currency, being in different parts of the world.
South Korea conducted a survey on the introduction of a tax on income from operations with cryptocurrencies
Realmeter conducted a survey among residents of South Korea, on the agenda was the introduction of a tax on profits from transactions with cryptocurrency assets. Earlier it was reported that the new tax will take effect from the first day of the new 2022. As an experiment, 500 adult respondents (aged 18 and over) were interviewed.
Ethereum surpasses Bitcoin in terms of active addresses growth
The Ethereum network reportedly bypassed Bitcoin in terms of active addresses. Since the beginning of this year, this figure has grown by 145 percent. During the same time, the number of active addresses of the BTC payment system increased by only 13 percent.
A new sidechain has been introduced into the Ethereum payment system to carry out transactions up to 2000 per second
Using the new zkRollup technology, which has a throughput of more than two thousand operations per second and an average commission amount of about $ 0.01, Startup Matter Labs has implemented a beta version of the second level of zkSync based on this technology.
Ethereum is predicted to rally with 100 million e-wallets
The founder of Mythos Capital, who is also an investor in the cryptocurrency market, Mr. Ryan Sean Adams noted that over the past five years, for the first time in the entire existence of a cryptocurrency, the number of registered electronic wallets on the Ethereum platform has exceeded one hundred million.
Japan introduces blockchain-based banking transaction system
JCB, one of the largest credit card issuers in Japan, has started to develop a payment system with TECHFUND, through which transactions are carried out using blockchain technology. This information is provided by the independent Cointelegraph.
EOS Inflation Reduced
The EOS network owners have approved the decision to reduce inflation.
Speed up EOS - Dan Larimers solution
The EOS.IO protocol will be updated.
South Korean ATMs to support litecoin
South Koreas ATMs will be equipped with Litecoin cryptocurrency.
New Zealand plans to abolish double tax on cryptocurrencies
New Zealand authorities have put forward a proposal to waive the application of the tax on cryptocurrencies.